Shoppers are anticipating a more expensive holiday season in 2025, with 40% expecting fewer discounts and 75% predicting higher spending due to inflation and tariffs. Many consumers plan to start their shopping earlier to find better deals, while concerns about inventory shortages from independent retailers add to the challenges. Extended return policies are expected to influence purchasing decisions as economic pressures loom.
The article discusses the challenges consumers face with rising prices due to tariffs and inflation, highlighting how these economic factors impact innovation and purchasing behavior. It emphasizes the need for businesses to adapt their strategies to meet changing consumer demands in a volatile market.